I'm looking for this pair to keep on heading higher towards 1.3670 without really testing the upward trendline. That would be ideal. However, if price comes back to test it again, all is not lost, as long as it holds of course. As price action is extremely slow, spikes must not be ruled out (in either direction).
Comments
banffstocker
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Thank you for your weekly analysis and trading ideas.
Defenetly was a pretty good call.
capitalpropertiesfx
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Thank you.
banffstocker
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Unemployment claims are out today, and most probably is going to be another dissappointment news. (Like yesterday news,) there's a big sell off before news happening right now, Europeans have zero confidence. Even in there own money the Euro. So fundamentals and analysis at this point are out of the question. She might go to Machu Pichu for a ride or end up in Nigara Falls in Canada. I hope she goes to Canada!!
As long as she expires above 1.3591 end of week I really don't care what she does
capitalpropertiesfx
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I can't see any big sell off :) We are 24 pips lower since the London session started.
Defenetly was a pretty good call.